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In recent years, the Baltic States have been showcased as an austerity success story. While the whole world has seen countries such as Greece, Spain and Portugal struggling to reduce their public spending, Lithuania has been hailed as an austerity...
Tax Freedom Day falls on May 20 this year LFMI proposes to declare this date Taxpayer Appreciation Day According to the Lithuanian Free Market Institute’s (LFMI) annual calculations, Tax Freedom Day in Lithuania has moved earlier in the...
On March 2, EU-25 leaders signed the Treaty on Stability, Coordination and Governance in the Economic and Monetary Union, commonly called the Fiscal Compact. The Treaty was not signed by the Czech Republic and Great Britain. Lithuania joined...
Presentations of the opinion poll (ppt) Lithuanians, Latvians and Estonians think that the primary cause of smuggling is taxes higher than the living standards in these countries, which generates differences in prices and gives rise to incentives...
As The Lithuania Tribune writes a new party was granted a persmission fo be registered – the Lithuanian People’s Party, established by Vladimir Romanov. After regsistration in the Register of Legal Entities party will be formally...
The Lithuania Tribune writes that on March 29 president Dalia Grybauskaitė met with Johaness Hahn, EU Commissioner for Regional Policy. The main topics of the meeting included EU financial framework for the period 2014-2020 and the EU Cohesion...
A survey of the Lithuanian economy conducted by the Lithuanian Free Market Institute (LFMI) shows that eurozone problems do not leave anybody cold. Lithuania failed to join the eurozone in 2007 because it missed the inflation criteria by only...
As The Lithuania Tribune writes Lithuanian President Dalia Grybauskaitė met with the Director General of the International Atomic Energy Agency Yukiya Amano in Seoul, during the Nuclear Security Summit. President Grybauskaitė emphasised that...
According to The Lithuania Tribune Lithuanian foreign debt increased in the last quarter of the year 2011 by 1.4% (1.1 bln litas). Total foreign debt consists of both governmental debt and private enterprises’ debts. Throughout whole year...
Ruling coalition in Lithuania is not going to be dissolved after Minister of the Interior Raimundas Palaitis resigned on March 19, as The Lithuania Tribune writes. Raimundas Palaitis resigned after making a controversial hasty decision to fire...
